Skip to main content

About your Search

20130113
20130121
STATION
CNNW 18
CSPAN 17
MSNBCW 14
CNN 8
KTVU (FOX) 7
MSNBC 7
CSPAN2 5
WHUT (Howard University Television) 5
KNTV (NBC) 4
KRON (MyNetworkTV) 4
KPIX (CBS) 3
CNBC 2
KQED (PBS) 2
( more )
LANGUAGE
English 126
Search Results 0 to 49 of about 126 (some duplicates have been removed)
the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes the person at its helm one of if not the most
to carry out the agenda i campaigned on. new security for the middle class. right now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions in sound investments, and as long as i said on the campaign, one component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now, i've been fighting for such a plan -- one that would reduce our deficits by $4 trillion over the next decade, which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training and science and medical research -- all the things that help us grow. now, step by step, we've made progress towards that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago
's happening in the political world and the economy which we're in. the situation with the gun violence is very close to home, because i do enjoy -- even though i'm 60, i still go out and hunt and shoot a deer and kill a turkey to eat. host: thank you very much. by the way, the full presentation by the president yesterday, you can certainly watch atlanta cspan.org. good morning, what kind of work do you do? caller: i'm in the mental health field. each level of the patients have had different mental health issues. and i have really been waiting for this issue to come up, because that's what concerns me the most. i have worked with people that have multiple personalities. we have been scared to death. they pick beds up. they have tremendous anger in there. i don't think they get the proper care that they need. and after a while, they're released and that is something that i'm really concerned with. it's not about who is able to get a gun, who is able to have a gun. that's not the issue right here. the issue is that we have to start dealing with people with mental health issues. i have worked in a
to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >>> we're back. political director and chief white house correspondent chuck todd will take us inside the numbers of the latest poll as you tee up the second term, chuck. >> four years ago, enormous expectations for president obama. there were a lot of people, hope and change was big. this time, call it pragmatic hope as far as the public is concerned. as you see here, just less than 30% believe they're going to evaluate president obama with a clean fresh slate. 64% will evaluate him based on past feelings. and here, a continuation of a trend we saw throughout the first term. very similar to what ronald reagan dealt w
to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demonstrating that even adjusting for the state of the
the economy, you know, recover as subsequently as well. i think that's what we've been seeing across the region as far as policies are concerned in that they are more responsive and more, i suppose, willing to adapt should be a quick change or shift in consumer sentiment because that will have an impact on growth very quickly in a subsequent month. >> seng wun, australia has had a difficult time determining just where their sector is heading in mining. is it simply now the onus is becoming more clear? >> well, yeah. i think the last six or eight months have given policymakers some degree of confidence in that the picture from europe is stable. the risk is fairly high, there will be more problems ahead, but the determination says policymakers in europe to stay on top of this situation, give confidence to policymaker here and the u.s. is -- and, again, asia, china, it's anchoring growth here and policy is coming up on china is also towards some degree of small, stable growth rather than full speed ahead. so that gets everyone else a little bit more flexibility with regard to fiscal pol
here in many respects, whether it is deficits, measures to help economy, immigration, gun safety legislation, there's huge support amongst all independents, democrats and republicans throughout the country. the barrier is there's factions here in congress, republicans in congress out of the mainstream. we need to bring the american people to-to-these debates. >> do you need to bring the american people into these debate buys suggesting evil motivation by your opponents? i think that's what -- you know, it's hard to see a president calling you for unity when he is suggesting that people who disagree with him don't disagree with him on policy but because they care more about the nra or they don't care, in the case of the debt ceiling, whether the country falls into recession again? is that the way to go about it? >> the debt ceiling it is truth. think about this, can dirk the first time in our country. >> reminding people president himself, when he was in the senate, voted against the debt ceiling, these people that he is suggest want the country to go into default are doing the sa
the economy. actual real-world events. this, for example, is what happened to the vix on october 24th, 2008, that big red arrow there. that's when the stock market crashed in '08, one of the worst days of the great recession, record high vix. another spike happened may 20th, 20 2010 when there was sudden new that is europe's economy was even in worse shape than we thought. it spiked at a two-year high august 8th, 2011, when the u.s. credit rating got downgraded. republicans in congress threatened to default on our national debt and credit rating got downgraded. wall street freaked out. vix went way up. you can think of a high vix reading, a spike in the vix as a red light flashing. alert, alert. maybe your economy is tanking. maybe it isn't. but a lot of people on wall street have reason to believe that it is. panic. today, as he kicks off his inauguration weekend, president obama was given a great present by the vix. this is the present that vix gave to barack obama today to celebrate his inauguration as a second-term president of the united states. look. happy inauguration, mr. president.
. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the kru united states of america is not a bargaining chip and they better choose quickly because time is running short. >> john boehner put o out a statement right after the news conference trying to stay out of box the president put them in. he said, the house will doity job and pass responsible legislation that droenls spending, meets our nation's obligations and keeps the government running. the question will be, can he move his caucus in a place to where he is reach an agreement with the president that raises the debt limit without violating the president's pledge. he says he will only go for a balanced approach to deficit reduction, meaning tax revenue as well as spending cuts. we're in for a major fight coming up quickly, sue and tyler. looks like we can hit the debt ceiling as early as one month from now. >> john, this is not kinder gently rhetoric, not by a long shot. but who can forget the m
the value of my house. the economy went south on us. now the banks are sending us these low interest rates. i go back to refinance the house or remorse reached the house at 6.75%. bank tells me i do not make enough income or income to debt ratio for the house. i do make enough to pay the 6.75%. if the given the lower rate, i would be saving $1,000 a month. what can be done about that? guest: there are many, many borrowers who are having trouble refinancing their home loans. i hear from a lot of them. it is a real problem. we had a pendulum that had swung out into the wild west or anybody that was breathing got a mortgage. now it has swung the other way. the banks are being ultra cautious and requiring owners disclosures and very conservative income levels. i think there is an element of your story that questions -- does the bank wanted about the 6.75% interest that you're paying on your mortgage. that is a rich interest level in this environment. you have to wonder if the bank isn't holding on to your loan to maintain that high level of interest. i wonder if the might be worth your while t
the replacement level. and that's causing concern for california's economy because the retirement population grows and there are fewer workers to replace them. in the meantime birth rates have gone up in texas, georgia and florida. >>> 7:35. the trial and a massive corruption case involving an entire southern california city starts this week. the mayor, vice mayor and four former council members from the city of bell are charged with misappropriation of city money. prosecutors claim the city leaders looted the city's treasury to pay themselves huge salaries. the biggest compensation package was for the city's chief administrative officer of $1.5 million. jury selection begins tomorrow. >>> some san francisco muni workers earned a lot of overtime in the last fiscal year. the "san francisco chronicle" reports one supervisor worked more than 2200 hours of overtime. that's the same as working a second full-time job. in 22 of the top 25 earners in the entire city worked for muni. muni's chief says most of the overtime is due to maintenance work being done when fewer vehicles are in service which is mos
escalates the fight on the w economy. is the debt ceiling negotiable? your thoughts? send us a tweet or post your comment on facebook. you can also send us an e-mail. president obama held his last official news conference of the first term yesterday in the east room of the white house. here's what he had to say on the debt ceiling debate. [video clip] >> republicans and congress have two choices. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect ransomed in exchange for not crashing the american economy. the financial well-being of the american people well-being is not a leverage to be used. the full faith and credit of the united states is not a bargaining chip. they had better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea, r. triple-a credit rating was downgraded for the first time in our mystery, our businesses created the few jobs in any month in nearly the past three years, and the whole fiasco added to the deficit. ho
't want to happen on your watch because it's only sidetracked economy. so the president has an incentive to come to the table and tried to get the issue under control. and you have the republicans issue which part of the republican dna, fiscal responsibility, balanced budgets, trying to get the deficit under control. most of the people have been elected in the last few years have been elected basically on the fiscal policy agenda coming out of a coming out of the tea party initiative. so that you have an identity of interest. the question really becomes the politics of getting people to go across the aisle to reach agreement. and i don't think the house can do it very honestly. because the fact so many seats in house now are gerrymandered by party. and the one thing that happens in those districts, about 65% of the house is now gerrymandered by party, when you're elected your elected by the base. you win the primary you are the congressperson. the one thing you can't do with your base is compromised. that's the one thing the base won't tolerate, on both sides. you can't govern because go
now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions and sound investments. as long as washington politics and do not get in the way of america's progress. as i sat on the campaign, one component to growing our economy is shrinking our deficit and a balanced and responsible way. for nearly two years now, i have been fighting for such a plan. one that would reduce our deficit by four trillion dollars over the next decade which would stabilize our debt and our deficit and sustain us for the next decade. that would be enough not only to stop the growth of our debt and the size of our economy and make it manageable. education and job training in science and research and all of those things that help us grow. step-by-step, we have made progress towards that goal. over the past few years and signed into law 1.4 trillion dollars in spending cuts. two weeks ago i signed into law more than $600 billion in revenue by making sure the wealthiest americans began to pay their fair share. when you add the money that we will
administration, it didn't happen in one fell swoop to get our economy in great shape and move toward a balanced bump started off with three phases. started with president bush's actions, the first president bush, in terms of taxation, before president clinton took office. then the actions the president took in '94 and then in '97. well, we think there's a third phase here that can set our country on a path that will allow us to get our debt, the gdp, our deficit to gdp, down around 3%, which is the basis of which all economists left, right, center, agree, are the areas which we really can begin to grow as a country. and also my grandfather used to say, with the grace of god and good will of the neighbors, cooler heads will prevail between now and the time we deal with the debt ceiling, that we may very well be able to meet the goal which we set out to do, which is to have roughly a $4 trillion cut over ten years, and in the long-term deficit and put us on that path. but i didn't come here to talk about any of those important subjects today because, as important as they all are, today we have a
attached to it. >> heather: let's talk about the economy. the president starts his new term. less than 1% rate it as excellent. 9% say it's good shape. that is up a touch from his first inauguration but 91% of voters say economic conditions negatively today. why are we here again? >> you have to wonder. i point you back to november the conditions haven't changed all that much in two months. i would imagine that those exact numbers were the same on election day, and the american people not only re-elected the president but gave us the same senate in the house as we had before. so as much as they are saying economy isn't going well, when they had an opportunity to change things they voted for more of the same. >> heather: you mentioned congress, finally two polls dealing with that. first since president obama was re-elected, 30% think he has been more bipartisan in working with congressional republicans, 55% the majority says he has been more confrontational? >> i think some of the number for confrontational they are saying that as a positive. certainly democrats want him to be more confro
, it didn't happen in one fell through to get our economy in great shape and move towards a balanced budget. it started out for three phases. started off with president bush's actions. first president bush in terms of taxation before president clinton took office in the action the president took in 94 and 97. well, we think there is a third phase here they consider country on a path that will allow us to get our debt to gdp, deficit to gdp down around 3%, which is all economists are training center greer that areas we can begin to cruise the country and as my grandfather used to say that the grace of god and goodwill of the neighbors, between now and the time we deal with the debt ceiling, we may very well be able to meet the goal we set out to do, which is to have roughly $4 trillion cut over 10 years in the long-term deficit and put us on that past. i didn't come here to talk about any of this important subjects today because as important as they all are today we have a mortgage and indie media call and that is how to do with the epidemic of gun violence in america. the one of the statist
the greatest global economy in the entire history of this universe. host: all stop you on that point. thank you for the call from chicago. this from our twitter page -- a headline this morning, wall street done with washington's drama. the markets new attitude toward brinkmanship, wake me when it is over. they shudder to think what congress can do to the economy. a breach of the debt ceiling would we far more damaging than a trip over the fiscal cliff. after two years of divided government, they seem to treat this crisis as a new normal. investors are no longer hanging on washington's every word in the weeks leading up to a deal. next, john from tennessee. caller: good morning. i am calling about the debt ceiling. yes, it does need to be raised. because we have to pay our bills. if the government is allowed to borrow money and set their circumstances, then why is the private business sector not allowed to do that? the federal reserve has been shut down as far as to the bankers, as far as the this man being able to borrow money. the industry in the united states needs money to operate on and and
is messing around with the full faith and credit of the united states. it would be bad for the economy when we played that game of russian roulette back in august of 2011. you could see the economy decline. you could see job creation going away. i'm with newt gingrich on this one. newt gingrich had taken a strong position that we should not use, that the republicans should not use the debt ceiling as leverage in this cutting spending. let's use the continuing resolution. let's use the sequester, but don't use the debt ceiling. that's a bad idea. >> president said he won't negotiate on the debt ceiling. >> i think he's right on that. >> senator, thank you. good to see you. >> thank you. nice to see you all. >>> and we spoke to supreme court justice sonia sotomayor. she spoke with scott pelley about her new york city home and reputation as a tough corporate lawyer. >> you write in your book that one day one of the associates one of your colleagues was on the telephone, and he described you, your words, not mine as one tough -- >> his words. >> as one tough bitch. >> yea
. and a lot of republicans say it poisoned the waters. when you look at the agenda now, there's the economy, the deficit, gun control, immigration. what should the president do first to show republicans he's not looking for revenge or looking to pick fights? >> i would say the budget. to make an honest attempt on both sides to try to reduce spending or reduce the growth in spending. that to me is the one place where there is enough on the table that both sides can make progress if they want to. you get into gun control, i basically support the president's program, but he's not going to get very much support at all among republicans for that. that's a good political point for him, but i don't see it going anywhere. as far as the illegal immigration or making it legal or whatever, reform, i would say there's an opportunity, people like marco rubio, for instance, and others, and also you have the chamber of commerce, you have some republican vested interest. i would say the budget and immigration are the two areas, spending and immigration. >> can he get through some simple things on gun contr
and nancy pelosi in december of 2007. he said the economy is slipping, i need a stimulus and they worked with him to give him the kind he can sign. then 2008, the terrible crisis and it was a very partisan thing in which the bush administration got more support from democrats and republicans in the final vote. then comes the election of barack obama and mitch mcconnell's announcement that his number one agenda item is to defeat president obama. we have, i think, a productive 2009 and 2010 and then in 2010, a group gets elected in the house, in particular, we don't believe in governance. not totally pessimistic. the way to go we've seen in the last three major issues in the house, a split within the republican party where main stream conservatives of the bob dole variety have aligned with the majority of democrats. they've been opposed by a majority of republicans in the house, but not of the whole house and speaker boehner, to his credit, has been allowing a coalition to come together and i hope what happens is that the main stream conservativism of the republican party continue to fight
the economy in great detail. he does massive preparation and i think when he sits down at a table to say, do a fiscal deal one of the reasons he's able to close that deal is because, a, he has decades of experience in compromise which some of these kids today up there don't really know much about. and he understands the granularity of these issues and we saw this and it's helpful. >> vice president joe biden is going to take the oath of office for a second tomorrow right after we return from the break. ♪ ♪ pop goes the world pop in a whole new kind of clean with tide pods. a powerful 3-in-1 detergent that cleans, brightens and fights stains. pop in. stand out. but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and err
be a financial disaster, not only for our country but for the worldwide economy. i don't think it is a question that is even on the table. >> and the last question of his press conference, the president was asked if he may be more successful with some of the nuts you just heard from if he spent more quality time with them. >> you and your staff are too insular, that you don't socialize enough. >> this, of course, is one of the great myths of governing, that intractable problems, political problems, can somehow be solved over a card game and a couple of drinks. that has never, ever been the case nor will it ever be the case. >> i like speaker boehner personally. and you know, when we went out and played golf we had a great time. but that didn't get a deal done in 2011. >> the president actually had to remind the media that congressional behavior is the result of democracy. >> now if the american people feel strongly about these issues and they push hard and they reward, or don't reward members of congress with their votes, if -- you know if -- if they reject sort of uncompromising positions or s
technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. >>> coming up, most american workers got their first paycheck of the new year on friday and they probably noticed it was a little bit smaller. sfwhapd well, in order to boost the economy back in 2010, congress lowered the social security tax withholding rate to 4.2% instead of the usual 6.2% for 2011 and 2012. it was called a payroll tax holiday and meant more money in the average paycheck but as of january 1st, the holiday's officially over 'cause congress did not extend i
it to be. >> the stalled economy, the another mountain to climb for the president. >> the overwhelming problem, the economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller, ten inaugural balls for years ago. only two this time. tomorrow, what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >>> of course, there are plenty of people around here who were not excited about this inauguration a lot of republicans are skipping town. neither president george w. bush nor his father, recently hospit hospit hospitalized with health problems, plan to attend. >> for more, let's bring in david gregory. tomorrow, the president will deliver his inaugural address. the first time around we typically hear optimistic, loft lofty, ideal speeches. what do you expect him to say tomorrow? >> i think he wants to talk about restoration of the american economy. i think about the first inaugural address and how crisis
. the 2013 ram 1500 with best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. the new ram 1500. motor trend's 2013 truck of the year. >>> turns out that the subway footlong is sometimes 11 inches. we have been $5 foot wronged. now we know how jared lost all that weight! he starved to death! subway, it is over. i'm going to be keeping you honest by measuring every sandwich with the most accurate means possible, my fruit by the foot. >> i don't know, lance armstrong, manti te'o, now subway sandwiches. >> who can you trust? >> my world is crushed. let's take a look at the "morning papers." "the financial times." china's economic growth has hit its slowest rate in 13 years. still the country's gdp grew by 7.8%. economists say it could have been worse. they note amid concerns of a slowdown, china's government has spurred heavy investment in inf infrastructure. >> "usa today." congress, inexperienced. 40% of lawmakers in the house have fewer than three years' experience. the lowest number since at least 1995. as a result, new members are often receiving committee as
in exchange for not crashing the american economy. the financial well-being of the american people is not leveraged to be used. >> he's talking about bipartisan, but you would agree that he's also playing politics here or no? >> i'm not going to second-guess what the president, his motives and everything. i can tell you, there's a lot of democrats who believe we need to cut spending also. and we need to get our house financially in order. with that, we're hoping it happens sooner than later. i've always been for the bowles/simpson approach, which was a big fix, so we don't go through these crises every two or three months. it's ridiculous. we've kicked the can so much, there's nothing left. we've got to come to grips and sit down and work through this. it's taken longer than needed. that's why congress -- it's really broken in washington. it's really what no labels and why jon and i are here. we're looking for solutions and a venue that we can sit down and work out our differences. and this is the one i think works well. >> jon huntsman, we're already hearing this discussion about
our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again meet our legal obligations to pass the budget on time. our budget will moderate spe
to hold wall street and the big banks accountable and protect consumer and the u.s. economy. >> after all we have been through, i don't believe that rolling back regulations on wall street will help the small businesswoman expand or the laid off construction worker keep his home. >> reporter: republicans in congress want to cut obama era and even bush era regulations which they dismiss as unnecessary red tape. two laws are at issue here. dodd-frank and sarbanes-oxley. dodd-frank is the signature financial reform of president obama's first term. it set up the consumer financial protection bureau to write new rules to prevent fraud and unfair lending practices and put limits on banks deemed too big to fail by monitoring threats and stopping another financial crisis. sarbanes-oxley was a response to a different crisis, the enron accounting scandal of the early 2000s. it set up stricter accounting rules for companies of all sizes. critics say it drives up costs for smaller businesses and restricts growth. what does it mean for small businesss? for the big banks? well, we spoke to a community
republicans, who want to tie the debt ceiling to cutting spending and obama says blow up the economy and risk the full faith and credit of the united states and to do so is irresponsible, the consequences of not paying our bill would be disastrous. the charges went on and on and on and made it sound like only an anarchist would oppose raising the debt ceiling. listen to this: . >> what i will not do is to have that negotiation with a gun at the head of the american people, the threat that unless we get our way, unless you gut medicare or medicaid or otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. look, i don't think anybody would consider my position unreasonable here. democrats don't like voting for the debt ceiling when the republican's president, but you never saw the situation in which democrats suggested somehow that we would go ahead and default if we didn't get 100% of our way, that's just not how it's supposed to work. >> sean: hearing that i can't help, but be reminded of obama's record on the
. >> the staaled economy another mountain to climb for the president. >> the overwhelming problem the economy is one that president obama has said is still undone. that's his biggest challenge for term two. >> perhaps a sign of the times, the president's second inaugural is much smaller. 10 inaugural balls four years ago. only two this time. and tomorrow what could be his last big chance to tell americans from coast to coast what he can do for them over the next four years. >> of course there are plenty of people around here not excited about this inauguration. a lot of republicans are skipping town. neither former president george w. bush nor his father, who was recently hospitalized with health problems, plan to attend. for more on the inauguration and president obama's second term, let's bring in david gregory, moderator of "meet the press". good to see you. >> good morning, lester. >> tomorrow the president will deliver his inaugural address. the first time around we typically hear optimistic, lofty ideal speeches. there is the reality after four years, what would you expect him to say to
administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that
you, steve. >>> the head of the chicago federal reserve expects the u.s. economy to grow 2.5% this year. he says it will improve to 3.5% next year. charles evans says unemployment this year will fall below 7.5 pest and slip to 7% next year. he made his comments at the agent final forum in hong kong this morning. china shanghai index jumped 3% after regulators there says china will open its markets to foreign investors. european markets starting today higher. as we check in on our numbers where we start the day, does look like a pretty good opening across the board. actually right now the future is dipping town a bit. maybe a lower opening for the dough. but waiting for bernanke after the close today little gains on friday. >>> what they are staling that may surprise you. >>> how birthrates in colds are changing. >> you can wake up with ktvu every morning. get the top stories that develop while you were sleeping sent straight to your cell phone. every weekday morning 6:00 a.m.. get your ktvu morning wake up call by texting the word wake up to 70123. >>> welcome back to the c
. that trend is a concern for california's economy. as the retirement population grows and fewer workers to replace them. >>> the 49ers san francisco now know they will face the falcons for the right to go to the super bowl. the falcons got to the championship game by beating the sea hawks on a late field goal. now the falcons are the number one seed so the 49ers have to travel to atlanta before sunday's game. sports stores in san francisco were busy over the weekend with fans snapping up any 49ers gear they could get especially collin kaepernick jerseys. >> i'm excited. kaepernick is doing their thing. the whole organization is doing their thing. >> collin kaepernick touchdown celebration also sparked a new trend called kaepernicking. he flexes his arms and kisses his bicep. he has retweeted several pictures. you can see of fans giving their take on the celebration. >>> now the 49ers and falcons will play sunday right here on ktvu channel 2. our coverage begins right after mornings on 2 with nfl championship chase at 10:00 a.m.. kick off is just after noon. you can also find more on the
of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to meet, greet and celebrate one of their strongest industry, fashion. >> california is the home of the red carpet, with hollywood and the glamour. >> reporter: this the fourth time the california state society has partnered with the fashion institute of design and merchandising for an inauguration and fashion show. it's an opportunity for californians on show off their state and pull out the red carpet. it's dotted with politicians and industry leaders having learned themselves how difficult it is to get there to success. >> i came when i was 25 from ohio to found a fashion college. started with 24 students and now we have 50,000 graduates. >> reporter: one
economy and unsustainable over the course of the next several years. >> megyn: one thing we did hear the president reference personally, we heard it from nancy pelosi prior, but the president personally talking about now closing more loopholes and that means higher taxes. we don't know on who, but he would not specify any specific spending reductions and refusing to negotiate with the house republicans on the issue of the debt ceiling. lou, an interesting couple of months. looking forward to it. >> megyn: all right. thank you, sir. >> thanks, megyn. >> megyn: with the president refuse to go negotiate on that debt ceiling, it's coming and we're going to hit it and there's going to be a real question what we will do. he negotiated the last time and suddenly says he doesn't want to negotiate anymore and the republicans have drawn a line in the sand when it comes to these spending cuts, saying, if we don't see a dollar for dollar spending cut in the amount you want to raise the debt ceiling, there's no deal. what kind of progress can we hope for here? our political panel debates that com
economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being responsible on debt issues when this president has been in the white house since january the 20th, 2009, and he has yet to do anything significant on social security or medicare. he cut medicare, so he could start a new entitlement program. that's not making medicare more solvent. he hasn't done anything to curb the costs of medical expenses, which he said he was going to do. he did nothing. he struck back room
Search Results 0 to 49 of about 126 (some duplicates have been removed)